Keep all other priorities and designs of the 2014-3A and 2016-3B ballot questions the same.

How does lowering the rate help the district help students?

As new homes are built in the district, it increases the combined assessed property value that the district applies mill levy rates to. With that additional base of property value, the district can generate additional funds commensurate with the growth in properties and property values in the district.

As new homes are built in the district, it increases the combined assessed property value that the district applies mill levy rates to.With that additional base of property value, the district can generate additional funds commensurate with the growth in properties and property values in the district.The school district's experience will then match the the district voter's experience in growth or decline. Funding will grow in sync with additional district property owners' property values.

For an individual property owner, this will immediately lower their D49 mill levy override rate.For District 49, it will allow more total revenue to serve students related to the growth of our community.

If converting the fixed dollar definition to a fixed rate helps D49 support our students, will not passing it limit the district's ability to help students?

Yes, if the measure were to fail, or the district were not to even ask for it, the $7.5mm definition would remain and have to be spread across more and more students, leading to less potential benefit for each student.

Yes, if the measure were to fail, or the district were not to even ask for it, the $7.5mm definition would remain and have to be spread across more and more students, leading to less potential benefit for each student.

Does passing this measure change when the overrides would come to an end?

No, it does not; because neither of the current overrides has a sunset clause - meaning they are established to last into the future according to the language approved in votes of 2014 and 2016

No, it does not; because neither of the current overrides has a sunset clause - meaning they are established to last into the future according to the language approved in votes of 2014 and 2016.This proposal does not seek to change that.

Has District 49 kept up the pledge it made with the 2014-3A question and the 2016-3B question? How can we be sure D49 will continue to follow priorities established in the Building Our Future Community Plan?

District 49 believes quite confidently that it has honorably implemented the 2014-3A and 2016-3B override priorities.

District 49 believes quite confidently that it has honorably implemented the 2014-3A and 2016-3B override priorities.A Mill Levery Override Oversight committee exists and meets monthly to review any spend that proposes to use override monies.In addition, the reports provided at those meetings are posted on the D49 website at:https://www.d49.org/Page/6675and https://www.d49.org/Page/6883both of which can also be navigated to from the district's financial transparancy icon that is on the D49 homepage at www.d49.org.

If passing this measure means more revenue for the district overall, and the original priorities remain the same, will those priorities receive greater funding?

Yes, that is the intention and the hope for this change. The eight unique priorities of improving teacher pay, programs, technology, safety & security, and funding capital construction financing payments

Yes, that is the intention and the hope for this change.The eight unique priorities of improving teacher pay, programs, technology, safety & security, and funding capital construction financing payments would all have the potential for additional funding as the revenue stream grows which, again, only happens as the district property owners' combined property values grow.

There must be some risk, then, converting away from fixed dollar definition to a fixed rate. How risky is it?

Yes, there is risk in most decisions. For D49, the risk would be that cumulative property values go down in the district while student count stays flat or continues to rise.

Yes, there is risk in most decisions.For D49, the risk would be that cumulative property values go down in the district while student count stays flat or continues to rise. While that is theoretically possible, even the great recession in the early part of this decade only resulted in flat total property values for D49 because there was continued growth in hew home construction.D49 expects to continue growing significantly for the next 20-30 years, so the belief is that long-term opportunities far outweigh long-term risks, even if a future recession causes a short-term flat or even declining.